Innovation
in sentence
3014 examples of Innovation in a sentence
Meanwhile, average public debt has soared to 87% of GDP, leaving little space for policy flexibility or
innovation.
The natural consequences are too little employment, too little investment in sophisticated education, too little innovation, and minimal increases in productivity.
Most striking is European backwardness in high-tech development and
innovation.
Many of these new jobs will come from sectors in which advances in science, engineering, and technology continue to drive
innovation
and growth.
What Macron is trying to do is update France’s economic operating system, shifting from the reparative approach of the past to a preparatory model that can better address the challenges generated by digital technology, globalization, and rapid
innovation.
The EU needs a knowledge and
innovation
policy that strengthens European agriculture’s competitiveness.
If adopted, this
innovation
would confer much greater political legitimacy on the Commission President, as well as greater independence from the Council of Ministers (i.e., the member states).
Committing to phase out fossil fuels would strengthen incentives for technological innovation; and if consumer preferences are socially determined, even unsaintly consumers would lose nothing in the long term.
In a rich country, firms typically can improve productivity only through
innovation.
The fast pace of technological progress has created a cornucopia of invention and
innovation
that is open to every place that can send someone away to get a master’s degree in engineering.
Sustainable long-term growth – based on efficiency improvements, productivity gains, and
innovation
– is possible only with an effective institutional framework, and that requires fundamental changes to the political and regulatory systems.
Indeed, in a future of rapid technological change and widespread automation, the determining factor – or crippling limit – to innovation, competiveness, and growth is less likely to be the availability of capital than the existence of a skilled workforce.
As technology increasingly takes over knowledge-based work, the cognitive skills that are central to today’s education systems will remain important; but behavioral and non-cognitive skills necessary for collaboration, innovation, and problem solving will become essential as well.
If seized, it can spark an unprecedented wave of
innovation
that can fuel economic growth.
Nevertheless, the Danish answer to the first oil crisis, which led to massive
innovation
in energy technology, can serve to inspire to act.
And
innovation
is necessary not only for developed economies, but also for emerging markets, which are receiving diminishing returns from simply transposing advanced economies’ best practices.
Clayton Christensen of Harvard Business School has identified three broad forms of
innovation
that make firms – and ultimately economies – stronger.
The challenge for governments is to devise ways to encourage firms or individuals to engage in more such
innovation
to bolster economic growth.
Fortunately, there is a third approach, evident in the numerous
innovation
successes in Europe, Asia, the Middle East, and elsewhere that neither had state backing nor occurred within a uniquely creative business culture.
In studying these and other cases, the
Innovation
and Policy Initiative at INSEAD has identified four factors – the “Four Cs” – that support technological
innovation
and entrepreneurship: cost, convenience, caliber, and creative destruction.
The challenge for governments is to improve those less mobile factors of
innovation
– cost, caliber, and convenience – in order to attract, retain, and encourage free-flowing capital and the most creative citizens.
India’s abundant and inexpensive scientific brainpower and its growing reputation for “frugal innovation” offer interesting potential synergies with Europe’s unmatched engineering capacity.
So defense investment is also investment in security and stability, in diplomacy and cooperation, and in technology and
innovation.
Overcoming it will require a smarter approach to strategic decision-making and a broader understanding of
innovation.
First, the tax itself is a result of – and, as some may see it, a punishment for – the “bad” financial
innovation
that brought the global economy to its knees in 2008, hitting the world’s poorest people the hardest.
It seems only fair to tax the financial sector in order to nurture “good”
innovation
that funds social infrastructure such as education.
But
innovation
in sustainable education financing is lagging behind as investment in other social infrastructure increases.
No longer is the conversation limited to burden sharing and sacrifice; increasingly, there is talk of
innovation
and technological breakthroughs that make sustainable development possible.
It functioned well, but its potential growth and
innovation
was necessarily limited by its rigid architecture and proprietary protocols.
Rio de Janeiro is building capacity at its “Smart Operations” center;Singapore is about to embark in an ambitious “Smart Nation” effort; and Amsterdam recently channeled €60 million ($81 million) into a new urban
innovation
center called Amsterdam Metropolitan Solutions.
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